checking back on the SpringI recently had a conversation with a former shareholder in one of the Manhattan loft buildings that I visited in my March 25 lengthy rumination, am I a coward? assessing + bearing risk in a risky…
Tag: Price Drop
buying high, selling low (ouch) at 114 Spring Street
this one is difficult to fathom, my promise notwithstandingThe Manhattan loft #2 at 114 Spring Street has (and has had) a lot to recommend it: prime Soho location, "1,900 sq ft", 12 foot barrel-vaulted ceilings, bright lights and cast-iron views,…
Tagged with: 2005, 2006, Barrel Vault, Ceiling, Closed, Discount, Price Drop, Renovation, Resale, Spring
155 Franklin Street crashes past 2006 to close up 28% (since 2000)
off a million, or soThe Manhattan loft #3S at 155 Franklin Street (the Sugar Loaf) was one of only five lofts in Tribeca that closed in June, per recent articles in The Real Deal Trouble in Tribeca. For a seller…
Tagged with: 2000, 2006, Beams, Bidding War, Cast Iron, Columns, Franklin, Joists, Price Drop, Sugar Loaf
bowing to the inevitable price drop, but 25% impresses
lovely loft, big hitSpeaking of lovely Manhattan lofts (as we were last week, July 31, why isn’t a Tribeca premium renovation worth at least 250/ft?) with pricing difficulties (as we were yesterday, ditto), there’s a new firm and a price…
when you reach the right price … 105 Fifth Avenue closes
small discount, right priceThe Manhattan loft #7A at 105 Fifth Avenue closed on July 22 at $1.125mm, only a 4% discount from the (last) asking price of $1.175mm, proving that if you drop the asking price enough you don’t have…
down a million bucks, now pitching at a pre-2005 $625/ftaa
a little limbo action?There’s a rather large Manhattan loft for sale at a new price that is $1mm less than the original asking price. When it came to market last Summer (happy birthday wishes are now in order) a…
another big drop that worked / 69 Wooster Street closes under $1,000/ft after $850k drop
but only 15% off A Manhattan loft on the 5th floor at 69 Wooster Street closed in April under $1,000/ft, despite the fact that it was "newly renovated in a classic but modern style" and a ridiculously low maintenance…
dropping $2mm to make an un-lofty sale at 175 Sullivan Street
back story tells the story Officially, the Manhattan "loft" #4A at 175 Sullivan Street was on the market only since January 2009 ("starting" at $3.25mm) before closing on June 16 at $2.65mm — an apparent 18% discount. But the…
Tagged with: 2007, Ceilings, Contract, Lehman, Negotiation, Neighbor, Neighbors, Price Drop, Sullivan, Village
does not compute / 2007 + 10% = no sale?
will aggression be rewarded? (you can guess)A not-quite-recent new listing of a Manhattan loft caught my eye because it is in a building in which i have recently looked at a recent sale compared to past sales, and found a…
50 Warren Street closes, off 45% from original ask + 14% off 2005 price
how do you spell O – U – C – H ?It is fair to assume that the sellers of the Manhattan loft on the 3rd floor at 50 Warren Street were quite frustrated with how … realistic … they…
Tagged with: 2005, Chambers, Discount, Long And Narrow, Negotiation, Price Drop, Sothebys, Square Feet, Warren
Top
Follow Us!